Daiwa Capital Markets Issues Pessimistic Forecast for Bank of America (NYSE:BAC) Stock Price

Bank of America (NYSE:BAC) had its target price reduced by analysts at Daiwa Capital Markets from $66.00 to $62.00 in a research note issued on Tuesday,MarketScreener reports. The firm presently has a “buy” rating on the financial services provider’s stock. Daiwa Capital Markets’ price objective suggests a potential upside of 19.25% from the stock’s current price.

Other research analysts have also recently issued reports about the company. Evercore ISI set a $59.00 price objective on Bank of America in a research report on Thursday, January 15th. Hsbc Global Res raised Bank of America from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 7th. JPMorgan Chase & Co. lifted their price objective on shares of Bank of America from $58.00 to $61.00 and gave the company an “overweight” rating in a report on Tuesday, January 6th. Barclays increased their target price on shares of Bank of America from $59.00 to $71.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Finally, Piper Sandler boosted their price target on shares of Bank of America from $56.00 to $57.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $60.00.

Bank of America Stock Down 0.1%

NYSE BAC traded down $0.03 during trading hours on Tuesday, reaching $51.99. 2,466,793 shares of the company’s stock were exchanged, compared to its average volume of 39,008,648. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.80 and a current ratio of 0.80. The company has a market capitalization of $379.66 billion, a price-to-earnings ratio of 13.58, a price-to-earnings-growth ratio of 1.26 and a beta of 1.29. The company’s 50-day moving average is $54.07 and its two-hundred day moving average is $51.42. Bank of America has a one year low of $33.06 and a one year high of $57.55.

Bank of America (NYSE:BAC) last released its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.02. Bank of America had a net margin of 16.23% and a return on equity of 11.07%. The company had revenue of $4.53 billion during the quarter, compared to analysts’ expectations of $27.73 billion. During the same quarter in the prior year, the company earned $0.82 earnings per share. The business’s quarterly revenue was up 12.3% compared to the same quarter last year. On average, analysts forecast that Bank of America will post 3.7 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. DecisionMap Wealth Management LLC boosted its position in Bank of America by 4.7% in the fourth quarter. DecisionMap Wealth Management LLC now owns 4,061 shares of the financial services provider’s stock valued at $223,000 after buying an additional 182 shares in the last quarter. Holistic Financial Partners increased its holdings in Bank of America by 2.4% in the 4th quarter. Holistic Financial Partners now owns 7,896 shares of the financial services provider’s stock worth $434,000 after purchasing an additional 183 shares in the last quarter. Riverview Capital Advisers LLC raised its position in Bank of America by 4.2% in the third quarter. Riverview Capital Advisers LLC now owns 4,686 shares of the financial services provider’s stock valued at $242,000 after purchasing an additional 188 shares during the last quarter. Shepherd Financial Partners LLC boosted its stake in shares of Bank of America by 0.3% during the third quarter. Shepherd Financial Partners LLC now owns 60,279 shares of the financial services provider’s stock valued at $3,110,000 after purchasing an additional 189 shares in the last quarter. Finally, William B. Walkup & Associates Inc. grew its holdings in shares of Bank of America by 1.4% during the third quarter. William B. Walkup & Associates Inc. now owns 14,020 shares of the financial services provider’s stock worth $723,000 after purchasing an additional 192 shares during the last quarter. 70.71% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Bank of America

Here are the key news stories impacting Bank of America this week:

• Positive Sentiment: BAC looks comparatively attractive vs. peers thanks to stronger earnings growth, an increasing dividend and expansion plans that Zacks says may give it an edge over Truist — a bullish narrative that can support multiple buy ratings. Which Bank Stock to Buy Post Q4 Earnings: Bank of America or Truist?
• Positive Sentiment: Goldman Sachs raised its price target on BAC to $67 and kept a Buy rating — analyst PT upgrades from major firms add support and help explain upward analyst-driven momentum despite recent weakness. Goldman Sachs Adjusts Price Target on Bank of America to $67
• Positive Sentiment: MarketBeat highlights BAC’s low P/E (sub‑14) and analyst calls for ~25% upside, framing the recent pullback as a potential buy‑the‑dip opportunity given the bank’s scale and recent earnings beat. Bank of America’s Rock-Bottom P/E and 25% Upside Potential
• Neutral Sentiment: Zacks’ Q4 loan‑growth piece notes commercial lending led growth while consumer lending remains cautious — positive for fee and corporate income but signals a more mixed earnings path depending on consumer credit trends. Bank of America’s Q4 Loan Growth Snapshot: The Mix Matters
• Neutral Sentiment: Longer‑term price forecasts (24/7 Wall St.) review BAC’s past gains and model multi‑year price paths — useful for strategic investors but less relevant to near‑term price moves. Bank of America Stock Price Prediction and Forecast 2026-2030
• Neutral Sentiment: BofA research continues to publish big macro calls (e.g., gold price forecasts) and stock ideas (AI chip picks) — signals of an active research desk that can influence sentiment indirectly but not BAC’s fundamentals. Bank Of America Calls For $6,000 Gold In 2026
• Negative Sentiment: Reports say BAC is evaluating credit‑card products tied to a proposed 10% cap on rates; any regulatory or competitive move toward lower card APRs would pressure net interest income and consumer profitability. This regulatory risk is a key headwind investors are pricing in. Bank of America Corporation (BAC) Evaluates New Credit Cards With 10% Rate

About Bank of America

Bank of America Corporation is a multinational financial services company headquartered in Charlotte, North Carolina. It provides a broad array of banking, investment, asset management and related financial and risk management products and services to individual consumers, small- and middle-market businesses, large corporations, governments and institutional investors. The firm operates through consumer banking, global wealth and investment management, global banking and markets businesses, offering capabilities across lending, deposits, payments, advisory and capital markets.

Its consumer-facing offerings include checking and savings accounts, mortgages, home equity lending, auto loans, credit cards and small business banking, supported by a nationwide branch network and digital channels.